Los Angeles, CA – (WORLD STOCK WIRE) – November 9, 2009 — Global Entertainment Holdings, Inc. (OTC: GBHL), and its Canadian affiliate Global Universal Pictures announces the red carpet world premiere of AMERICAN SUNSET, starring Corey Haim and Frank Molina tonight at 7PM at the Laemmle Theater on Second Street in Santa Monica.

Your browser may not support display of this image. American Sunset is an exciting thriller, with a twist at every turn, and marks COREY HAIM’S return to the big screen as a leading man for the first time in over 3 years. Corey will be in attendance along with Frank Molina and other cast members Angela Cullins, Eric A. Leffler, as well as Writer & Producer, Jackie Giroux, and Director, Michael Masucci. The film’s official website is: www.AmericanSunsetTheMovie.com

Other celebrities attending; include ESTELLA WARREN, RICHARD TYSON, BARBARA CARRERA, FRANK MEDRANO, ESTALLA STEVENS, GREG EVIGAN, VANESSA EVIGAN, etc…

“We are thrilled with the audience appeal this movie has exhibited … and Corey is dynamite in this film. It is great to have him back”, said Writer & Producer, Jackie Giroux

After Party to follow.

Global Entertainment Holdings, Inc. is a publicly-held, entertainment company. The Company’s goal is building a worldwide entertainment organization with a multitude of domestic and foreign production affiliates. GBHL, through its wholly owned subsidiary, Global Universal Film Group, Inc. (http://www.globaluniversal.com), and its partially-owned Canadian subsidiary Global Universal Pictures, is in the process of developing and producing a slate motion pictures in Canada with recognizable names, for worldwide release. GBHL is focused on the financing and marketing of these feature-length films. GBHL, through another wholly owned subsidiary, You’ve Got The Part, Inc. (www.youvegotthepart.com), will attempt to capitalize on the current popularity of Hollywood and reality based programming by casting small roles online that anyone with a digital camera can apply for.

Further information on the Company and/or its publicly traded stock can be obtained by contacting the company at: contact@globaluniversal.com; facsimile: (818) 827-0090;

URL: WWW.GLOBALUNIVERSAL.COM.

Safe Harbor: Pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934, any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals and assumptions of future events or performance are not statements of historical fact and may be “forward-looking statements.” Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this release may be identified through the use of words such as “expects,” “will,” “anticipates,” “estimates,” “believes,” or statements indicating certain actions such as “may,” “could,” or “might” occur. Such statements reflect the current views of GBHL and its affiliated companies with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance and commercial appeal of its feature-length films, its film production services, competitive market conditions in the motion picture industry (both in the US and foreign markets), successful sale of the rights to film content produced, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. Neither Global Entertainment Holdings, nor its affiliated or subsidiary entities undertakes any responsibility to update the “forward-looking” statements contained in this news release.